We Buy Kurtosis

WBC Stock   4,279  82.00  1.95%   
We Buy kurtosis technical analysis lookup allows you to check this and other technical indicators for We Buy Cars or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
We Buy Cars has current Kurtosis of 0.0147. Kurtosis is a measure of the return distribution. In a similar way to the concept of skewness, kurtosis is a descriptor of the shape of a return distribution. There are various interpretations of kurtosis, and of how particular measures should be interpreted; these are primarily peakedness (width of peak), tail weight, and lack of shoulders (distribution primarily peak and tails, not in between).

Kurtosis

 = 

4PM

STD4

 = 
0.0147
4PM = Forth upper moment
STD =   Standard Deviation of We Buy

We Buy Kurtosis Peers Comparison

WBC Kurtosis Relative To Other Indicators

We Buy Cars is rated below average in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  406.96  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for We Buy Cars is roughly  406.96 
A high kurtosis typically shows a distribution of returns with fat tails, whereas a low kurtosis portrays a distribution with skinny tails or a distribution concentrated toward the mean.
Compare We Buy to Peers

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